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☆ SXSW artists and speakers pull out of festival in protest of military and defense industry sponsorships
▼ + stars: | 2024-03-13 | by ( Elizabeth Wolfe | Amanda Jackson | ) edition.cnn.com time to read: +4 min

The boycotting artists as of Tuesday were mainly small bands and indie performers, and have largely announced their decisions on social media. I refuse to be complicit in this and withdraw my art and labor in protest,” Williams said in an Instagram post. “The defense industry has historically been a proving ground for many of the systems we rely on today. The Army’s sponsorship is part of our commitment to bring forward ideas that shape our world,” the string of SXSW posts reads. The festival continues to “support human rights for all,” SXSW’s posts read.

Persons: Ella Williams, ”, ’, ” Williams, Yaya Bey, Mei Semones, Greg Abbott, Don’t, don’t, ” Abbott, Selena Gomez, Meghan, Duchess of Sussex, Mark Cuban Organizations: CNN, Southwest, Hamas, US Army, Singer, . Texas Gov, U.S, SXSW, Austin for Palestine Coalition, United Musicians, Allied Workers Locations: Austin , Texas, Israel, Gaza, South, Austin, ., Texas

☆ Ex-Amazon engineers lose 6-figure 'Shark Tank' deal off 1 blunder: 'That's the biggest mistake startups make'
▼ + stars: | 2024-03-11 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

They still couldn't land a deal on Friday's episode of ABC's "Shark Tank" due to making what billionaire investor Mark Cuban referred to as "the biggest mistake startups make": trying to grow their brand too quickly. Skaloud and Feiereisen co-founded Boona, a Seattle-based company that makes a $249 showerhead called the "Tandem." "We want to build a brand," Feiereisen said. "Some of the greatest deals in 'Shark Tank' history [are] when the entrepreneur focused on that one application and maxed it out." And if we do create new products, it's to support Tandem," Feiereisen said, trying to reel investors back in.

Persons: Brett Skaloud, Jeff Feiereisen, Mark Cuban, Feiereisen, Kevin O'Leary, Skaloud, I'm, O'Leary Organizations: Amazon Locations: Seattle, Cuban

☆ Watch CNBC's full interview with billionaire investor Mark Cuban
▼ + stars: | 2024-03-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with billionaire investor Mark CubanCNBC's Morgan Brennan sits down with billionaire investor and businessman Mark Cuban to discuss his prescription drug startup Cost+ and his participation in a White House roundtable focused on the cost of healthcare.

Persons: Mark Cuban CNBC's Morgan Brennan, Mark Cuban

☆ Billionaire Investor Mark Cuban: There's nothing unique about the big three PBMs
▼ + stars: | 2024-03-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBillionaire Investor Mark Cuban: There's nothing unique about the big three PBMsCNBC's Morgan Brennan sits down with billionaire investor and businessman Mark Cuban to discuss his prescription drug startup Cost+ and his participation in a White House roundtable focused on the cost of healthcare.

Persons: Mark, CNBC's Morgan Brennan, Mark Cuban

☆ This habit helped Bill Gates change careers after retiring from Microsoft—despite being 'very monomaniacal’ at the time
▼ + stars: | 2023-12-03 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

Career changes can be hard, even for Bill Gates — who credits a simple, lifelong habit for his switch from a narrow-minded, decades-long focus on computers and software to international philanthropy. "I had a long period from about age 18 to 40 where I was very monomaniacal ... Microsoft was everything," Gates, 68, recently told comedian Trevor Noah on the "What Now? "I was lucky enough that as other people took over Microsoft, I got to go and read and learn about all the health challenges, why children die." With even more time to read, he researched ongoing global health crises and decided to make the Bill and Melinda Gates Foundation his primary focus, he said. "Reading fuels a sense of curiosity about the world, which I think helped drive me forward in my career and in the work that I do now with my foundation," Gates told Time in 2017.

Persons: Bill Gates —, Gates, Trevor Noah, Melinda French Gates, Melinda Gates, —, he's, It's, it's, Mark Cuban, Bill Maher's, Warren Buffett Organizations: Microsoft, Melinda Gates Foundation Locations: United States

Billionaire investor Mark Cuban is selling a majority stake of the Dallas Mavericks to Miriam Adelson and her family — the largest shareholders in Las Vegas Sands , a source familiar with the deal told CNBC. Adelson is selling $2 billion worth of company stock, or roughly 10% of her stake, according to an announcement from the company. Las Vegas Sands disclosed in filings Tuesday that it will buy $250 million worth of Adelson's shares. Owning a sports franchise will be a significant departure from the activities that Miriam Adelson and her late husband were known for. As a medical doctor, Miriam Adelson is also widely known for her focus on addiction.

Persons: Mark Cuban, Miriam Adelson, Adelson, Sheldon Adelson, Patrick Dumont, Sands, Miriam, Nikki Haley, Donald Trump, –, Jessica Golden Organizations: Dallas Mavericks, CNBC, Cuban, Sands, NBA, Forbes, Vegas Sands, Las Vegas Sands, Republican, Center for Responsive Locations: Las Vegas Sands, Cuban, Macao, Singapore, Las, Las Vegas, Israel, United States

☆ Mark Cuban: Don't quit your job to start a business without doing this No. 1 thing first
▼ + stars: | 2023-11-19 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +1 min

Quitting your job to start a business can be both tempting and extremely risky. Make sure you have a safety net before taking the leap, says billionaire entrepreneur and investor Mark Cuban. Don't just leave [your job] unless you know what the hell you're doing," Cuban told Wired last month in a video Q&A. "We hear all of these stories about all of these people who quit their jobs, started a company and made all of this money," Cuban said. "What you don't hear are the stories of the people who quit their jobs, started a company and failed miserably, and are now working at a job they hate."

Persons: Mark Cuban, — Organizations: Wired, Samsung, U.S . Bureau of Labor Statistics Locations: America

☆ Mark Cuban says he only felt successful for the first time at age 28: My dad 'broke down in tears and started sobbing'
▼ + stars: | 2023-10-08 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

Billionaire investor Mark Cuban vividly remembers the moment he finally felt successful — because he spent so many years beforehand trying to stave off being flat broke. The turning point "was probably when I had $100,000 in the bank," Cuban, now 65, said. And telling my dad who just broke down in tears and started sobbing." The effort paid off when Cuban sold MicroSolutions for $6 million in 1990 to CompuServe, a now-defunct internet services company. "There's a huge difference between being a millionaire and a billionaire," Cuban told GQ.

Persons: Mark Cuban, GQ —, he'd, Dave Winslow, we're, It's, Charles Schwab's, Cuban, Barstool, Broadcast.com Organizations: Cuban, GQ, Wealth Survey, Cisco, CompuServe, Yahoo, CNBC Locations: Cuban

☆ Mark Cuban wants to give you personalized advice for free now—here’s how to get it
▼ + stars: | 2023-09-29 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

Billionaire entrepreneur and investor Mark Cuban gives out plenty of public advice, from his musings on ABC's "Shark Tank" to his own TikTok account. It's primarily intended for entrepreneurs who want advice: Cuban initially created it just for his portfolio companies before realizing its broader appeal, he says. Cuban's advice network currently requires a free subscription to join. He hopes the advice network will introduce him to new ideas, too. Join the free CNBC Make It: Your Money virtual event on Oct. 17 at 1 p.m.

Persons: Mark Cuban, Falon Fatemi, It's, Cuban, TikToker Bobbi Althoff's, Ansley Carlisle, — Organizations: MCC, Cuban, CNBC, CompuServe, Yahoo, Forbes Locations: Dallas

☆ 25-year-old tried 23 side hustles before launching a company that brings in $354,000 a month—his No. 1 piece of advice
▼ + stars: | 2023-08-28 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

The platform, which Schwartz describes as "Etsy for software products," currently brings in roughly $354,000 per month, according to a CNBC Make It estimate. "You want to really orient yourself around a real problem that needs to be solved," Schwartz, 25, tells Make It. During high school, he and Zoub built sneaker bots, or pieces of software that nabbed limited-edition shoes faster than people who manually clicked "buy now." The company clearly solved a problem, but the co-founders didn't find the work creatively fulfilling. It solved a safety problem: Zoub patrolled online forums where people sold software, and found them rife with scammers and rip-off artists.

Persons: Steven Schwartz, Cameron Zoub, Schwartz, Jack Sharkey —, Mark Cuban, Cuban, Todd Wagner, Zoub, didn't, Whop, it's, Warren Buffett Organizations: Tesla, CNBC, Indiana University, Yahoo Locations: Whop

☆ Mark Cuban says he avoids wasting time at work, and that meetings are the main culprit
▼ + stars: | 2023-07-23 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Cuban says he will only take meetings and phone calls if there's "no other way." Earlier in his career, Cuban would run standing-only meetings to ensure they ended faster. Billionaire investor Mark Cuban called out meetings and phone calls during a June conversation with author Chris Voss on the streaming platform Fireside. Cuban does his best to avoid meetings and phone calls as he believes they hinder the productivity of the workplace. His sentiment toward meetings remains unchanged from the early days of his career when he'd run standing-only meetings.

Persons: Mark Cuban, Chris Voss, he'd, He's, isn't Organizations: Cuban, Service, Billionaire Locations: Wall, Silicon, Voss

☆ A prominent vaccine scientist says he was ‘stalked’ in front of home after Joe Rogan Twitter exchange
▼ + stars: | 2023-06-19 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +3 min

New York CNN —A prominent vaccine scientist said he was accosted outside of his home after a Twitter exchange with podcaster Joe Rogan, who challenged him to debate Robert F. Kennedy, Jr. over the weekend. “I just was stalked in front of my home by a couple of antivaxers taunting me to debate RFKJr.,” Houston-based scientist Peter Hotez tweeted Sunday. The confrontation came after Hotez tweeted Saturday in support of a Vice article that criticized Spotify’s handling of vaccine misinformation on Rogan’s show. Investor Mark Cuban defended Hotez, jumping in the Twitter debate. “Trying to bully Dr Hotez is ridiculous,” Cuban tweeted, accusing Musk and Rogan of acting in their own self interest.

Persons: podcaster Joe Rogan, Robert F, Kennedy, Jr, “, ”, Peter Hotez, Hotez, I’m, Rogan, “ I’m, “ He’s, Elon Musk, ” “, Bill Ackman, Joe Rogan, Jerry Springer, ” Hotez, vaxer, Mark Cuban, Dr Hotez, ” Cuban, Musk, Neil Young, Joni Mitchell, Daniel Ek Organizations: New, New York CNN, CNN, National, Tropical Medicine, Baylor College of Medicine, RFK, Twitter, MSNBC, Spotify Locations: New York, ” Houston, Covid

☆ Elon Musk now says he wants to create a ChatGPT competitor to avoid 'A.I. dystopia'—he's calling it 'TruthGPT'
▼ + stars: | 2023-04-19 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

"I'm going to start something which I call TruthGPT," Musk told Fox News' "Tucker Carlson Tonight" on Monday, adding that he'd want his AI chatbot to be a "maximum truth-seeking AI that tries to understand the nature of the universe." He didn't provide evidence for those claims, or detail exactly what a "truth-seeking AI" might entail. "A path to AI dystopia is to train AI to be deceptive," Musk said. "It could cause harm," Pichai told CBS News' "60 Minutes" on Sunday. Twitter — which intends to pursue generative AI, Musk told the BBC last week — is a for-profit company.

☆ Barbara Corcoran says every successful person she knows has imposter syndrome: 'That's what drives them'
▼ + stars: | 2023-04-03 | by ( Megan Sauer | ) www.cnbc.com time to read: +4 min

Corcoran, an entrepreneur and longtime investor on ABC's "Shark Tank," cited herself an example. And on "Shark Tank," it leads her to seek out entrepreneurs who question themselves. "Everyone's got self-doubt," Corcoran said. It may even be a shared experience among "Shark Tank" investors. Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank."

☆ Mark Cuban tells Elon Musk he's losing up to 1,000 followers a day despite paying for Twitter Blue
▼ + stars: | 2023-04-01 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

Mark Cuban asked Elon Musk for help because he's losing followers on Twitter. The "Shark Tank" star said he starting paying for Twitter Blue after losing up to 1,000 followers a day. Twitter Blue subscribers are meant to get more visibility and promotion on their tweets. Twitter Blue was launched in December following Musk's $44 billion takeover a few weeks earlier. His research indicated that about half of Twitter Blue subscribers had less than 1,000 followers, while about 17% of subscribed accounts had less than 100 followers.

☆ Mark Cuban called on the Federal Reserve to step in and buy Silicon Valley Bank's debt 'to end the run'
▼ + stars: | 2023-03-11 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

Mark Cuban pleaded with the Federal Reserve to buy the debt of SVB Financial Group. In a Twitter thread, "Shark Tank" star Cuban called on the Fed to step in and buy any debt belonging to SVB to prevent a run on deposits. "The Fed should IMMEDIATELY buy all the securities/debt the bank owns at near par, which should be enough to cover most deposits. Cuban added that if the Fed didn't act, trust in the banking system would become an issue. Cuban said a Fed purchase of SVB debt wouldn't constitute a bailout.

☆ Paul Krugman says Silicon Valley Bank could've been called the 'Schmoozing and Vibes Bank,' but it's probably not another 'Lehman moment'
▼ + stars: | 2023-03-11 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +2 min

Paul Krugman said SVB maybe should have been called the "Schmoozing and Vibes Bank." As far as I can tell, it was just unusually good at cultivating relationships with, um, Silicon Valley, specifically VC," Krugman said. "Maybe it should have been called Schmoozing and Vibes Bank." While this created huge problems for SVB, Krugman believed there was little chance of contagion to other banks. The Nobel Prize-winning economist said he did worry about the effects of SVB's collapse on the broader VC ecosystem.

☆ ChatGPT could turn out to be hero for humanity or just a 'horrible product'. Here's what Elon Musk, Bill Gates and 10 heavyweights have to say on the red-hot AI.
▼ + stars: | 2023-02-25 | by ( Zahra Tayeb | ) www.businessinsider.com time to read: +9 min

Elon Musk, Bill Gates and Paul Krugman have all weighed in on the hottest topic this year – ChatGPT. From prominent names such as Elon Musk and Bill Gates to Wall Street banks like Morgan Stanley, everyone's got something to say. "It's both positive or negative and has great, great promise, great capability," Musk further said of AI, adding that "with that comes great danger." But a few quarters from now, if ChatGPT really starts to bring in significant subscriber fees, then we'll see what happens," O'Leary told Insider's Phil Rosen. Andy Jassy, Amazon CEO"I think it's exciting, what's possible with generative AI," Jassy said about generative AI and ChatGPT.

☆ Steve Wozniak's warning: No matter how 'useful' ChatGPT is, it can 'make horrible mistakes'
▼ + stars: | 2023-02-10 | by ( Megan Sauer | ) www.cnbc.com time to read: +4 min

On Wednesday, the Apple co-founder made an impromptu appearance on CNBC's "Squawk Box" to talk about the increasingly popular artificial intelligence chatbot. Wozniak said he finds ChatGPT "pretty impressive" and "useful to humans," despite his usual aversion to tech that claims to mimic real-life brains. Wozniak pointed to self-driving cars as a technological development with similar concerns, noting that artificial intelligence can't currently replace human drivers. By multiple measures, ChatGPT's artificial intelligence is impressive. The Webb telescope did take photographs of such planets, called exoplanets, in September.

☆ Mark Cuban says last year's crypto boom was '99% noise' – and Sam Bankman-Fried's arrest could pop the bubble
▼ + stars: | 2022-12-20 | by ( George Glover | ) www.businessinsider.com time to read: +4 min

Mark Cuban said there's still some underlying value in crypto despite the ongoing sell-off. "99% of it was noise but there's real value there," he told 'The Problem with Jon Stewart' Monday. Cuban added that Sam Bankman-Fried's arrest on fraud charges will force crypto to "get its act together". "There's the signal and the noise," Cuban told Apple TV+'s "The Problem with Jon Stewart". Stablecoin issuer Terra and hedge fund Three Arrows Capital collapsed earlier in 2022 as the crypto selloff brought to light potential instabilities in the digital asset sector.

☆ Send Sam Bankman-Fried to prison, Elon Musk suggests, while Binance's boss calls him a 'master manipulator'. 8 top figures weigh in on the disgraced FTX founder.
▼ + stars: | 2022-12-10 | by ( Zahra Tayeb | ) www.businessinsider.com time to read: +5 min

FTX founder Sam Bankman-Fried is racking up critics after the implosion of his crypto exchange. Here's what top voices like Elon Musk, Bill Ackman and Binance boss CZ have said, in 8 top quotes. Now the crypto CEO is under fire from all sides, from Elon Musk and Bill Ackman to "Shark Tank" investor Mark Cuban. Given that, the crypto exchange boss said he feels like the mainstream media has given Bankman-Fried softball interviews. The crypto bull believes Bankman-Fried will probably end up in jail, but doesn't think he was acting alone.

☆ Mark Cuban still believes in crypto's fundamental value but thinks FTX's Sam Bankman-Fried is headed for jail
▼ + stars: | 2022-11-28 | by ( Brian Evans | ) www.businessinsider.com time to read: +2 min

Billionaire investor Mark Cuban isn't giving up on cryptocurrencies despite the collapse of FTX. He told TMZ on Saturday that crypto still has underlying value, urging people to "separate the signal from the noise." As for FTX founder Sam Bankman-Fried, Cuban said "I don't know all the details, but if I were him, I'd be afraid of going to jail for a long time." The billionaire owner of the Dallas Mavericks NBA team and "Shark Tank" investor told TMZ on Saturday that faith in fundamentals outweigh the short-term turbulence. Cuban also touched on Bankman-Fried, and said that the former FTX chief executive should be worried about potential jail time.

☆ The world's second-richest man, Louis Vuitton's CEO, sold his private jet after people started tracking it on Twitter: 'No one can see where I go'
▼ + stars: | 2022-10-17 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Bernard Arnault said LVMH sold its private jet after Twitter accounts started tracking it. Antoine Arnault argued that a private plane gives executives an edge in the race to be first to a new product or deal. "We haven't found anything better than a private plane to win that race every day and be just a small step ahead of our competitors," he added. Arnault is not the only billionaire to come under fire in recent months for private jet usage. Other public figures have expressed safety concerns over the sharing of flight data on social media.

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